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ECB: The euro zone needs to monetary stimulus

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rocky
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ECB: The euro zone needs to monetary stimulus

Post by rocky on Tue 30 May 2017, 4:02 am

ECB: The euro zone needs to monetary stimulus



Mario Draghi confirmed President of the European Central Bank, said Tuesday that the euro zone needs a "relatively large amount" of cash to stimulate, and to ensure the continuation of the economic recovery.

I admit, "Draghi" before the European Parliament in Brussels, the economic recovery witnessed by the bloc of 19 countries and stressed that it is enhanced and expanded, warning of core inflation at the same time.

Mario Draghi said, "In general, we are still Mguentaan firmly convinced that the extraordinary support of monetary policy is still necessary."

The comments come Darraji, amid expectations that the ECB begins to change his style of facilitator, and raise the level of assessment of the economic outlook and fall pledges to increase stimulus.

The European Central Bank meets on 8 June to discuss economic policies supposed to be taken based on the development of the euro zone and decisions.

Chiefs did not give the ECB any indication that they will begin to reduce incentives which include negative interest rates and program buying bonds worth of 60 billion euros ($ 67 billion) per month.

http://economy-news.net/content.php?id=7693

    Current date/time is Sat 19 Aug 2017, 6:09 am